AD

Business & Lifestyle

NYC mayoral candidate Andrew Yang plans to make city a Bitcoin hub

Yang promises to turn NYC into a Bitcoin and crypto hub as mayor

todayFebruary 14, 2021 1

Background
share close
AD
AD

NEW YORK (Bitcoin.com) — Entrepreneur and former presidential candidate Andrew Yang is running for mayor of New York City. The Democratic primary is on June 22. He ran for U.S. president in the 2020 election before dropping out early last year.

Yang tweeted Thursday: “As mayor of NYC – the world’s financial capital – I could invest in making the city a hub for BTC and other cryptocurrencies.”

Candidate for Mayor Andrew Yang Plans to Make New York City a Bitcoin Hub

“I am running for mayor because I see a crisis – and I believe I can help,” Yang explained on his campaign website. The pro-Bitcoin candidate moved to New York City 25 years ago.

Yang has been a long-time proponent of Bitcoin

Yang has long been a proponent of Bitcoin. Early last year, he clarified his cryptocurrency policy while he was still in the running for President. He emphasized: “we need to have a uniform set of rules and regulations around cryptocurrency use nationwide because right now we’re stuck with this hodgepodge of state-by-state treatments … that would be my priority … just clear and transparent rules so that everyone knows where they can head in the future and that we can maintain competitiveness.”

Yang is also well known for his support of universal basic income (UBI). “We need to launch the largest basic income program in history, invest in a human-centered economy, return to fact-based governance, and create an accessible healthcare system,” he wrote on his campaign website. “We need to do all this while enacting accountable and smart policing, building affordable housing, closing our city’s digital divide, modernizing transportation and city services, and more.”

Meanwhile, another U.S. city is already on its way to becoming a Bitcoin hub. Miami Mayor Francis Suarez has recently gained support from the city commissioners to allow tax payments in bitcoin as well as making the cryptocurrency an acceptable currency for the city to potentially invest in and hold in its treasury reserves in the future.

Prior publication of this article is available at Bitcoin.com.

Reporting by Kevin Helms

icon 512x512 1
Website | + posts

Discover more from Heartland Newsfeed

Subscribe to get the latest posts sent to your email.

Written by: Bitcoin.com News

Rate it

Post comments (0)


footer 1

CONTACT US

Heartland Media Group of Central Illinois & Eastern Missouri

CORPORATE OFFICE
800 Capps Ave. Nokomis, IL 62075
Toll-Free: (888) 545-1399
Afterhours: (217) 565-9709

ILLINOIS OPERATIONS
Beginning November 1, 2024
107 W. State St. Suite 3 Nokomis, IL 62075
[email protected]

MISSOURI OPERATIONS
TBD
[email protected]

DEADLINES & PUBLICATION INFORMATION

Daily deadlines
News and sports submissions
: 9 p.m. Central
Advertising: 5 p.m. Central
Radio submissions: 7 p.m. Central

Monday-Friday deadlines
Other business inquiries: 5 p.m. Central

Publication times
Late breaking news as it happens
Normal publication:
11 p.m. Central daily
Other news:
Published as it’s made available

LIVE TRAFFIC COUNTER

ADVERTISEMENT

AD
AD
AD
AD
0%